15
NTA UGC NET ECONOMICS ANSWER KEY - JUNE 2019 Apple B UGC Net JRF Academy , Arunapuram, Pala, Kottayam, Kerala +91 98466 48366 +91 9495908655 | www.applebacademy.com | [email protected] Page 1 1. Under non- cooperative games, it is A. Essential to understand one’s opponent’s point of view B. Not essential to understand one’s opponent’s point of view C. Essential to understand one’s opponent’s point of view and to deduce the likely responses accordingly D. Essential to understand one’s opponent’s likely responses Ans : C 2. Which of the following statements are true regarding Cobb-Douglas production function? a) It is long period production function b) It is short period production function c) It is based on increasing returns to scale d) Output elasticities with respect to factors are constant Select the correct option: A. (a) & (c) B. (a) & (d) C. (b) & (c) D. (c) & (d) ANS: B 3. Which of the following methods of selecting strategies is consistent with risk averting behavior? A. If two strategies have the same expected profit, select the one with smaller standard deviation B. If two strategies have the same standard deviation, select the one with smaller expected profit C. If two strategies have the same standard deviation, select the strategy with larger coefficient of variation D. If two strategies have different expected profits, select the one with the larger standard deviation ANS: A 4. Match the following List I (a) Various combinations that a consumer can purchase (b) Various combinations of two commodities providing equal satisfaction to consumer (c) A set of indifference curves (d) Point of tangency of a budget line on an indifference curve List II (i) Indifference map (ii) Indifference curve (iii) Budget line (iv) Consumer’s equilibrium Choose the correct option from those given below: A. a-i, b-ii, c-iv, d-iii B. a-iv, b-iii, c-I, d-ii C. a-ii, b-iii, c-iv, d-i D. a-iii, b-ii, c-i, d- iv ANS: D

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Page 1: NTA UGC NET ECONOMICS ANSWER KEY - JUNE …...NTA UGC NET ECONOMICS ANSWER KEY - JUNE 2019 Apple B UGC Net JRF Academy , Arunapuram, Pala, Kottayam, Kerala +91 98466 48366 NTA UGC

NTA UGC NET ECONOMICS ANSWER KEY - JUNE 2019

Apple B UGC Net JRF Academy , Arunapuram, Pala, Kottayam, Kerala +91 98466 48366

+91 9495908655 | www.applebacademy.com | [email protected] Page 1

1. Under non- cooperative games, it is

A. Essential to understand one’s opponent’s point of view

B. Not essential to understand one’s opponent’s point of view

C. Essential to understand one’s opponent’s point of view and to deduce the likely responses accordingly

D. Essential to understand one’s opponent’s likely responses

Ans : C

2. Which of the following statements are

true regarding Cobb-Douglas

production function?

a) It is long period production function

b) It is short period production function

c) It is based on increasing returns to scale

d) Output elasticities with respect to

factors are constant

Select the correct option:

A. (a) & (c)

B. (a) & (d)

C. (b) & (c)

D. (c) & (d)

ANS: B

3. Which of the following methods of

selecting strategies is consistent with

risk averting behavior?

A. If two strategies have the same

expected profit, select the one with

smaller standard deviation

B. If two strategies have the same

standard deviation, select the one with

smaller expected profit

C. If two strategies have the same

standard deviation, select the strategy

with larger coefficient of variation

D. If two strategies have different

expected profits, select the one with

the larger standard deviation

ANS: A

4. Match the following

List – I

(a) Various combinations that a consumer

can purchase

(b) Various combinations of two

commodities providing equal

satisfaction to consumer

(c) A set of indifference curves

(d) Point of tangency of a budget line on an

indifference curve

List –II

(i) Indifference map

(ii) Indifference curve

(iii) Budget line

(iv) Consumer’s equilibrium

Choose the correct option from those given

below:

A. a-i, b-ii, c-iv, d-iii

B. a-iv, b-iii, c-I, d-ii

C. a-ii, b-iii, c-iv, d-i

D. a-iii, b-ii, c-i, d- iv

ANS: D

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Questions 5,6,7

5. Which of the socially efficient level of

production?

A. OX1

B. OX2

C. AX1

D. CX2

ANS: B

6. Deadweight loss is represented by the

area of

A. X1X2ca

B. X1BCX2

C. OX1AE

D. BAC

ANS: D

7. What price will be charged under

monopoly?

A. OF

B. X2C

C. OE

D. OG

ANS: C

8. The inconsistency of which one of the

following criteria is labeled as Scitovsky

Paradox?

A. Little criterion

B. Pareto criterion

C. Bergson criterion

D. Kaldor-Hicks criterion

ANS: D

9. General equilibrium analysis

determines

A. Prices & quantities in all markets

simultaneously

B. Prices & quantities in all markets

simultaneously and explicitly takes

feedback effects into account

C. Feedback effects

D. Prices in all markets

ANS: B

10. The firms are competitive and profit

maximizing the demand curve for

labour is determined by

A. The opportunity cost of workers’ time

B. The value of marginal product of labour

C. Offsetting income and substitution

effect

D. The value of marginal product of capital

ANS: B

11. Pareto’s marginal condition for efficiency in composition of output

(product-mix) requires

ANS: C

12. Why do individuals act in riskier ways

after being insured?

A. Due to the problem of adverse selection

B. Due to the problem of false confidence

C. Due to the problem of moral hazard

D. Due to the problem of screening costs

ANS: C

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Direction: Read the passage given below and

answer the questions that follow it:

Suppose that for a particular economy for some

time period, investment was equal to 100,

government expenditure was equal to 75t, net

taxes were fixed at 100 and consumption (C)

was given by the consumption function:

C = 25 + 0.8 YD

Where YD is disposable income and Y is GDP.

(Questions 13-15)

13. What is the value of tax multiplier

(∆Y/∆T)?

A. -3

B. -2

C. -5

D. -4

ANS: D

14. What is the value of government

expenditure multiplier (∆Y/∆G)?

A. 5

B. 4

C. 6

D. 3

ANS: A

15. What is the level of equilibrium

income(Y)?

A. 700

B. 600

C. 850

D. 800

ANS: B

16. Which of the following is an example of

a public good?

A. Residential building

B. National defence

C. Restaurant meals

D. Swimming pool of a house

ANS: B

17. The excess supply of a commodity

above the no-trade equilibrium price

given one nation’s?

A. Import demand for the commodity

B. Export supply and import demand for

the commodity

C. Export supply of the commodity

D. Import supply of the commodity

ANS: C

18. As income falls, consumption declines

but proportionately less than the

decrease in income because the

consumer desires to sustain previous

standard of living. This is called?

A. Ratchet effect

B. Wealth effect

C. Demonstration effect

D. Income effect

ANS: A

19. Which one is NOT axioms of inequality

measures?

A. Principles of scale invariance

B. Principle of equity

C. Principles of translation invariance

D. Axiom of decomposability

ANS: B

20. The concept of fiscal deficit implies

which of the following?

A. Revenue and interest receipts minus

revenue expenditures

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B. Revenue receipts and recovery of loans

and other receipts minus total

expenditure

C. Receipts minus disbursement in capital

account

D. Total receipts minus total expenditure

ANS: B

21. Liquidity approach is also known by the

name

A. Gurley – Shaw approach

B. Radcliffe approach

C. Traditional approach

D. Monetarist approach

ANS: B

22. Vertical equity in taxation means that

A. People in different income groups

should be taxed equally

B. People in different income groups

should be taxed differently

C. People in different groups should be

charged proportionately

D. Unequal people should be treated

equally

ANS: B

23. The commodity or Net Barter Terms of

trade are represented by the formula

A. 𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑦 𝑜𝑓 𝑒𝑥𝑝𝑜𝑟𝑡𝑠𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑦 𝑜𝑓 𝑖𝑚𝑝𝑜𝑟𝑡𝑠 * 100

B. 𝑝𝑟𝑖𝑐𝑒∗𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑦 𝑜𝑓 𝑒𝑥𝑝𝑜𝑟𝑡𝑠𝑝𝑟𝑖𝑐𝑒∗𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑦 𝑜𝑓 𝑖𝑚𝑝𝑜𝑟𝑡𝑠 * 100

C. 𝑣𝑜𝑙𝑢𝑚𝑒 𝑜𝑓 𝑒𝑥𝑝𝑜𝑟𝑡𝑠𝑣𝑜𝑙𝑢𝑚𝑒 𝑜𝑓 𝑖𝑚𝑝𝑜𝑟𝑡𝑠 *100

D. 𝑝𝑟𝑖𝑐𝑒 𝑖𝑛𝑑𝑒𝑥 𝑜𝑓 𝑒𝑥𝑝𝑜𝑟𝑡𝑠𝑝𝑟𝑖𝑐𝑒 𝑖𝑛𝑑𝑒𝑥 𝑜𝑓 𝑖𝑚𝑝𝑜𝑟𝑡𝑠 *100

ANS: D

24. The long term chronic unemployment

arising from imbalance between the

skills and other characteristics of

workers in the market and the need of

employers is known as

A. Cyclical unemployment

B. Frictional unemployment

C. Structural unemployment

D. Seasonal unemployment

ANS: C

25. According to Marshall – Lerner

condition for the foreign exchange

market to be stable, the sum of the

elasticities of demand for imports and

the demand for exports should be

A. Less than 1

B. Equal to zero

C. Equal to 1

D. More than 1

ANS: D

26. In J. Robinson’s growth model, capital accumulation depends on

A. Savings- income ratio

B. Profit-wage relation and labour

productivity

C. Profit- income ratio and capital

productivity

D. Savings- investment ratio

ANS: B

27. Which of the following is NOT the

method of debt redemption?

A. Refunding

B. Repudiation

C. Sinking fund

D. Capital levy

ANS: 2

28. A tax is said to be direct, when

A. Impact and incidence fall upon the

same person

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B. Only incidence falls upon the same

person

C. Impact is shifted to another person

D. Person escapes from paying tax

ANS: A

29. In the Balance of Payment Account, the

transfer payments are included in which

one of the following?

A. Capital Account

B. Service Account

C. Current Account

D. Official Reserve Account

ANS: C

30. Which one of the following items is

included in the Capital Account of the

balance of payment of a country?

A. Investment income

B. Invisibilities

C. Commercial borrowings

D. Private transfer

ANS: C

31. Which of the following factors is NOT

the cause for ‘market failure’?

A. Asymmetric information

B. Public good

C. Externality

D. Lack of demand

ANS: D

32. ‘Immiserizing growth’ is the term given by

A. Amartya Sen

B. N Kaldor

C. Paul Krugman

D. Jagdish Bhagwati

ANS: D

33. In efficiency wage model, the real wage

is set to

A. Minimize the efficiency of worker per

rupee of real wages received

B. Clear the labour market

C. Not to clear the labour market

D. Maximize the efficiency of workers per

rupee of real wages received

ANS: D

34. Which of the following is NOT the

function of a capital market?

A. Mobilizing savings into investment

B. Channelizing funds from less profitable

to more profitable

C. Mobilizing funds from surplus units to

deficit units

D. Providing better returns to direct

investors

ANS: D

35. Which one of the following growth

models takes technology as exogenous

variable?

A. Solow model

B. Robinson model

C. Lucas model

D. Todaro model

ANS: A

36. Three pillars of the Asia –Pacific

Economic Cooperation (APEC) are

(a) Trade and investment liberalization

(b) Business facilitation

(c) Economic and technical cooperation

(d) Military cooperation

Choose the correct option:

A. a,b,d

B. a,b,c

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C. a,c,d

D. b,c,d

ANS: B

37. During recession which of the following

measures is initiated?

A. Cutting taxes and boosting government

spending

B. Increasing taxes and decreasing

government spending

C. Keeping tax rates constant and

increasing government spending

D. Increasing tax rates and keeping

government spending constant

ANS: A

38. A toll tax is a tax based on which of the

following?

A. The benefit principles

B. Horizontal equity

C. Vertical equity

D. Tax progressively

ANS: A

39. Calculate the rate of effective

protection by using the formula

g=

if g=0.3, ai = 0.8 and ti= 0, then

the value of t is

A. 0.2

B. 0.3

C. 0.1

D. 0.4

ANS: C

40. Match the following

List – I

a) Theory of big push

b) Warranted rate of growth

c) Social dualism

d) Endogenous growth theory

List – II

i) J H Boeke

ii) Paul Romer

iii) Rosenstein Rodan

iv) R F Harrod

Choose the correct option

A. a-ii, b-iii, c-iv, d-i

B. a-iii, b-I, c-iv, d-ii

C. a-iii, b-iv, c-I, d-ii

D. a-iv, b-ii, c-iii, d-i

ANS: C

41. By ‘financial crowding out’ economist mean

A. Credit rationing

B. What the government borrows cannot

be used for private investment

C. Government borrowings drive up

interest rate

D. Reserve bank of India controls on

commercial bank lendings

ANS: C

42. Direct credit programmes introduced

A. Security – oriented credit

B. Development – oriented credit

C. Purpose- oriented credit

D. Welfare- oriented credit

ANS: C

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43. Which of the following is NOT part of

Wiseman and Peacock hypothesis?

A. Concentration effect

B. Displacement effect

C. Inspection effect

D. Taxation effect

ANS: D

44. Which consideration a commercial bank

does NOT keep in mind to manage its

assets and liabilities?

A. Liquidity

B. Profitability

C. Solvency

D. Equity

ANS: D

45. External drains leave which type of

impact on commercial bank?

A. Lowers the reserves of bank

B. Increase further deposits

C. Increase credit creation

D. Creates demand deposits

ANS: A

46. Assumes that an economy begins in

macroeconomic equilibrium, then taxes

are significantly decreased. As a result

of this change

A. There is expansion and deflation in the

economy

B. There is recession and deflation in the

economy

C. There is expansion and deflation in the

economy

D. There is stagflation in the economy

ANS: C

47. An increase in money supply will

increase the demand for goods and

services by

A. Reducing government spending

B. Lowering the interest rate so that

investment spending increases

C. Raising interest rate so that investment

spending reduces

D. Increasing government spending on

goods and services

ANS: B

48. The provision under the membership

clause of the IMF is that any country

can become a member if

A. The country is willing to be a member

of the World bank and willing to pay

B. The country is willing to be a member

of the WTO and willing to pay all

subscriptions is glod

C. The country is willing to be a member

of the World bank and willing to pay

subscription

D. The country is willing to be a member

of UNO and willing to pay subscription

ANS: C

49. Match the following

List-I

(a) ICICI

(b) IRBI

(c) IFCI

(d) IDBI

List – II

(i) 1971

(ii) 1964

(iii) 1955

(iv) 1948

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Choose the correct option

A. a-i, b-ii, c-iii, d-iv

B. a-ii, b-iii, c-iv, d-i

C. a-iii, b-i, c-iv, d-ii

D. a-iii, b-ii, c-I, d-iv

ANS: C

50. An increase is fiscal spending leads to

A. A shift of Phillips curve to the left

B. A shift of Phillips curve to the right

C. Movement along the Phillips curve such

that unemployment rises inflation also

rises

D.

ANS: D

51. A foreign exchange risk involves the

transaction exposure, the accounting

exposure and

A. The translation exposure

B. The flexibility exposure

C. The rigidity exposure

D. The economic exposure

ANS: A

52. Which is NOT the main objective of

credit control?

A. Stabilization of general price level

B. Promoting economic growth

C. Ensuring adequate flow of credit to

productive sectors

D. Promoting economic welfare

ANS: D

53. Match the following

List-I

a) Accelerator and multiplier interaction

b) Cambridge approach

c) Life cycle hypothesis

d) Efficiency wage model

List-II

i) Modigliani, Ando and Brumberg

ii) Akerlof and Yellen

iii) Paul Samuelson

iv) Alfred Marshal and A C pigou

Choose the correct option

A. a-i, b-iv, c-ii, d-iii

B. a-iii, b-iv, c-i, d-ii

C. a-ii, b-i, c-iii, d-ii

D. a-iv, b-iii, c-ii, d-i

ANS: B

54. According to Marxian analysis the

surplus value depends upon

A. Surplus and necessary labour time

B. Necessary labour time only

C. Surplus labour time only

D. Nominal wage rate

ANS: A

55. The liquidity aggregates are classified as

A. L1,L2 and L3

B. M1,M2 and M3

C. NM3

D. M1, M2, M3 and M4

ANS: A

56. During a depression which of the

following policy instruments should be

used?

A. Taxes should be increased

B. Taxes are kept unchanged and public

expenditure is increased

C. Public expenditure is reduced

D. There should be a balanced budget

ANS: B

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57. Which one of the following does NOT

determine the amount of years of

schooling demanded by an individual to

qualify for modern job?

A. The wage or income differential

B. The probability of success in finding

modern sector employment

C. Opportunity cost of schooling

D. Expansion of health care infrastructure

in urban sector

ANS: D

58. Who among the following is not

associated with the endogenous growth

theory?

A. Robert Solow

B. Paul Romer

C. Rebelo

D. Robert Lucas

ANS: A

59. Under which system the central bank is

authorized by law to issue a fixed

amount of notes against government

securities and any excess is to be fully

backed by gold/silver?

A. Maximum fiduciary system

B. Minimum reserve system

C. Fixed Fiduciary system

D. Maximum and minimum fiduciary

system

ANS: C

60. The rational expectations hypothesis

suggests that the forcasts that people

make concerning future inflation rates

A. Consistently over estimates the actual

rate of inflation in the future

B. Are always correct

C. Consistently under estimates the actual

rate of inflation in the future

D. Are correct on an average but are

subject to errors that are distributed

randomly

ANS: D

Questions 61,62,63

61. Estimate of head count ratio in state –A

and state – B are

A. State A : 0.375 ; B: 0.375

B. State A : 0.475 ; B: 0.375

C. State A : 0.575 ; B: 0.575

D. State A: 0.385; B: 0.425

ANS: A

62. From the table calculate the estimates

of Square Poverty Gap Ratio (SPGR) and

then show that the SPGR in state A is

A. Same as in state B

B. Higher than that in state B

C. Lower than that in state B

D. Significantly different from zero

ANS: C

63. From the table calculate the estimates

of Poverty Gap Ratio (PGR) for state A

and state B and select the correct

option

A. State A : 0.133 ; B: 0.0119

B. State A : 0.153 ; B: 0.0135

C. State A: 0.0133 ; B: 0.119

D. State A: 0.0153 ; B: 0.135

ANS: C

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64. In an open economy input output

model, the viability is examined by

A. Hawkins- Simon conditions

B. Kuhn – Tucker conditions

C. Dickey – fuller test

D. Goldfeld Quandt test

ANS: A

65. When the null hypothesis is there as an

equality the level of significance is the

probability of making

A. Type –II error

B. Type – I error

C. Type I & II errors

D. Type I & III errors

ANS: B

66. In 2011 the proportion of urban

population was more than 40% in the

states of

A. Tamil Nadu, Punjab, Andra Pradesh,

Gujarat

B. Tamil Nadu, Haryana, Gurajat,

Maharastra

C. Tamil Nadu, Kerala, Andra Pradesh,

West Bengal

D. Tamil Nadu, Kerala, Maharastra, Gujarat

ANS: D

67. A Linear programming problem can be

solved by using

A. ARIMA techniques

B. Simplex method

C. Unit root method

D. None of the above

ANS: B

68. Which age structure is important for

demographic dividend?

A. 0-14

B. 15-59

C. 60 and above

D. 0-14 and 60 and above

ANS: B

69. The correct relationship among

Arithmetic Mean (AM), Geometric

Mean (GM) and Harmonic Mean (HM) is

A. GM = AM + HM

B. AM < HM

C. (GM)2 = HM* AM

D. AM = GM-HM

ANS: C

70. In a two variable (X and Y ) regression

analysis, the regression coefficient are

bxy= 0.6 and byx= 0.8. If y is dependent

variable and x is independent variable,

what is the percentage of variations in Y

explained by X?

A. 47%

B. 48%

C. 49%

D. 36%

ANS: B

71. The RBI made Indian rupee fully

convertible in current account

transactions related to goods and

services in the year

A. 1985

B. 2002

C. 1994

D. 2011

ANS: C

72. Standard Error (SE) of sample mean in

random sampling from an infinite

population or in random sampling with

replacement is given by

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ANS: 4

73. The IRR is the discount rate that

equates the project NPV to ____ and

benefit- cost ratio to ____

A. 1,0

B. 0,1

C. 0,0

D. 1,1

ANS: B

74. Difference equation is concerned with

A. Discrete changes

B. Continuous changes

C. Both of the above

D. None of the above

ANS: A

75. Multiplicative Decomposition model is

used to

A. Deseasonalise the time series data

B. Build cost of living index

C. Test a hypothesis

D. Estimate probability

ANS: A

76. Match the following

Type –I

a) Thomas Doubleday

b) Thomas Sadler

c) Leibenstein

d) Herbert Spencer

Type –II

i) Destiny theory

ii) Biological theory

iii) Diet theory

iv) Motivation theory of population

growth

Choose the correct option

A. a-i, b-ii, c-iii, d-iv

B. a-iii, b-I, c-iv, d-ii

C. a-iv, b-iii, c-ii, d-i

D. a-iv, b-ii, c-I, d-iii

ANS: B

77. “Education as investment in human resources plays an important role

among the factors which contribute to

economic growth”. This statement was given by

A. New Education policy, 1985

B. Education Commission, 1966

C. NCERT

D. Supreme Court of India

ANS: B

78. Under TRIPS protection for copyrights is

for

A. 20 years after the death of the author

B. 30 years after the death of the author

C. 40 years after the death of the author

D. 50 years after the death of the author

ANS: D

79. Second National Commission on labour

has recommended a three tier system

including

A. Lok adalats, labour courts and labour

commissions

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B. Lok adalats, labour courts and labour

relations commissions

C. Lok adalats, labour courts and judicial

courts

D. Lok adalats, labour courts and labour

inspectors

ANS: B

80. The ‘Hedonic Price’ method measures the value of environmental assets

through

A. Using ‘existence’ of an environmental asset

B. Using linkages between variations of

Inhouse prices

C. Using WTP to value of environmental

assets

D. Using WTA TO value of environmental

assets

ANS: B

81. Assertion (A): The share of the non

commodity sector in the national

income has been increasing in India

Reason (R): Industry and agriculture have

been growing at a relatively slower pace in

India

A. Both (A) and (R) are true and R explains

(A)

B. Both (A) and (R) are true but R does not

explain (A)

C. (A) is true but (R) is false

D. (A) is false but (R) is true

ANS: A

82. Market failure occurs in case of most of

the environmental goods, because

A. Environmental goods are rival products

B. Environmental goods are excludable

products

C. Environmental goods are non rival in

production

D. Environmental goods are non rival and

non excludable in consumption

ANS: D

83. Which of the following is NOT an

instrument of capital market with

special reference to India

A. Equity share

B. Debenture

C. Gold ETF

D. Commercial paper

ANS: D

84. Match the following

List – I

a) Gauss – Markov

b) Coefficient of determination

c) H0 : B2 = 0, H1: B2= 70

d) Heteroscedasticity

List-II

i) R2

ii) One sided test

iii) Goldfeld – Quandt test

iv) BLUE

Choose the correct option

A. a-iv, b-i, c-ii, d-iii

B. a-I, b-ii, c-iv, d-iii

C. a-ii, b-iii, c-i, d-iv

D. a-iii, b-I, c-ii, d-iv

ANS: A

85. Which of the following items completes

the life table?

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AGE lx dx Lx Tx E0x

7 90000 500 89,750 48,50,000 ?

A. 50.50

B. 54.00

C. 53.89

D. 51.31

ANS: C

86. If AR = 15 MR= 5, the price elasticity of

demand is

A. 2.3

B. 1.5

C. 1.75

D. 1

ANS: B

87. In a binomial distribution, the

probability of x successes in n trials in

any order is given

ANS: 1

88. The cost function of a monopolist is C =

40+ 12X. Write the demand function as

P = 60- 3X. What is his profit maximizing

output level?

A. 12

B. 11

C. 8

D. 9

ANS: C

89. “Under some conditions, it makes no difference to efficiency whether the

polluter has a right to pollute or the

victim has a right to clean air”. This statement is related to the work of:

A. G Hardin

B. R Coase

C. N Kaldor

D. Julian Simon

ANS: B

90. Applying OLS to simultaneous equations

results in the parameters being

A. Inefficient

B. Inconsistent

C. Biased

D. Biased and Inconsistent

ANS: D

91. Match the following

List –I

a) World environment day

b) World wildlife day

c) World water day

d) World population day

List –II

i) 11th July

ii) 5th June

iii) 3rd March

iv) 22nd March

Choose the correct option

A. a- i, b-ii, c-iii, d- iv

B. a-iii, b-i, c-iv, d-ii

C. a-iv, b-iii, c-ii, d-i

D. a-ii, b-iii, c-iv, d-i

ANS: D

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92. If A= 6 5 53 −11 −53 −5 −2

Then |𝐴| is equal to

A. 15

B. 16

C. 27

D. 20

ANS: C

93. Which of the following is NOT correct

with reference to the service sector of

Indian economy?

A. Service sector has the largest share in

the GDP

B. Service sector has the largest share in

employment

C. Service sector’s growth has been higher than growth of agriculture sector

D. Productivity per worker in service

sector is highest

ANS: B

94. A simultaneous equation model is

exactly identified, if

A. Unique numerical values of structural

parameters can be obtained

B. More than one numerical value can be

obtained for some of the parameters of

the structural equation

C. Unique solution of all structural

coefficients is not possible

D. Structural coefficient cannot be

estimated

ANS: A

95. National Food Security law covers

A. 65% of rural population

B. 70% of rural population

C. 75% of rural population

D. 80% of rural population

ANS: C

96. Which of the following is NOT part of

the “PM Kisan Samman Nidhi” scheme as announced on 1-02-2019?

A. All farmers having land holdings up to 2

hectares are eligible under the scheme

B. The scheme will be applicable from 1st

April, 2019

C. The government will transfers Rs. 6000

per annum in to the bank account of

eligible beneficiaries

D. The money will be given in three equal

installments of Rs. 2000 each

ANS: B

97. For a moderately skewed distribution,

the value of mode is 10 and value of

median is 20. Then the mean is

A. 15

B. 30

C. 25

D. 35

ANS: C

98. Who propounded optimum theory of

population?

A. Robbins

B. Dalton

C. Cannan

D. Carr Saunders

ANS: C

99. What is the equation of corrected

birthrate?

A. Corrected birthrate = 𝑅𝑒𝑔𝑖𝑠𝑡𝑒𝑟𝑒𝑑 𝑏𝑖𝑟𝑡ℎ𝑠 𝑖𝑛 𝑜𝑛𝑒 𝑦𝑒𝑎𝑟+𝑝𝑜𝑠𝑠𝑖𝑏𝑙𝑒 𝑏𝑖𝑟𝑡ℎ𝑚𝑖𝑑 𝑦𝑒𝑎𝑟 𝑝𝑜𝑝𝑢𝑙𝑎𝑡𝑖𝑜𝑛

*1000

B. Corrected Birth rate = 𝐿𝑖𝑣𝑒 𝑏𝑖𝑟𝑡ℎ𝑠 𝑖𝑛 𝑜𝑛𝑒 𝑦𝑒𝑎𝑟𝑚𝑖𝑑 𝑦𝑒𝑎𝑟 𝑝𝑜𝑝𝑢𝑙𝑎𝑡𝑖𝑜𝑛 * 1000

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C. Corrected birth rate = 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑓𝑒𝑚𝑎𝑙𝑒 𝑏𝑖𝑟𝑡ℎ𝑠𝑚𝑖𝑑 𝑦𝑒𝑎𝑟 𝑝𝑜𝑝𝑢𝑙𝑎𝑡𝑖𝑜𝑛𝑠 * 1000

D. Corrected birth rate = 𝑅𝑒𝑔𝑖𝑠𝑡𝑒𝑟𝑒𝑑 𝑏𝑖𝑟𝑡ℎ𝑠+𝑝𝑜𝑠𝑠𝑖𝑏𝑙𝑒 𝑏𝑖𝑟𝑡ℎ𝑠𝑀𝑖𝑑 𝑦𝑒𝑎𝑟 𝑓𝑒𝑚𝑎𝑙𝑒 𝑝𝑜𝑝𝑢𝑙𝑎𝑡𝑖𝑜𝑛 * 1000

ANS: A

100. Match the following

List –I

a) Skewness

b) Variance

c) Earthquake

d) F –test

List – II

i) Dispersion

ii) Random Variations

iii) Ratio of variances

iv) Lack of symmetry

Choose the correct option

A. a-iii, b-iv, c-i, d-ii

B. a-iv, b-I, c-ii, d-iii

C. a-i, b-iii, c-iv, d-ii

D. a-ii, b-I, c-iv, d-iii

ANS: B